Mozambique: Government invites foreign investment in hydro ventures

24 July 2008

Maputo, Mozambique, 24 July – The Mozambican government has invited overseas companies to invest in around 100 hydroelectric projects in the provinces of Manica, Tete and Niassa, national media reported.

Antonio Saide, head of the Department of New Energies at the Ministry of Energy, said the combined power potential of the projects is estimated at 14,000 megawatts. Viability studies and foreign investment are needed for the projects to progress, he added.

Saide said Mozambique is diversifying its energy sector towards cleaner sources and has opted for small-scale hydroelectric projects, which will provide local energy in a country whose national power grid has yet to reach many regions.

Besides these potential power source, Saide said 38 thermal springs with average water temperatures of between 50 and 100º C have been identified as possible power energy sources. But more studies are needed in this sector before major investment can begin, he added.

Saide also said studies have been undertaken on possible wind farms at Ponta do Ouro, Maputo province, and Tofinho in Inhambane.

Mozambique currently produces 2,500 megawatts of electricity, mainly from the giant Cahora Bassa dam in Tete province. Only 15 percent of Mozambique’s 20 million population have access to power. (macauhub)